SFGTV2: San Francisco Government Television
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Oct 2, 2012
10/12
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california's court system and result in millions of dollars in annual savings for both state and local governments. senator mark leno who couldn't join us today as been quoted as saying, quote, there's been no evidence to suggest long prison sentences deter or limit people from abusing drugs. in fact, time behind bars and felony records often have horrible, unintended consequences for people trying to overcome addiction because they are unlikely to receive drug treatment in prison and have few job prospects and educational opportunities when they leave. this legislation will help implement public safety realignment and protect our communities by reserving prison and jail space for more serious offenders. commenting on the fact 13 other states have moved in this direction, senator leno has said, quote, in fact, the experience of these other states when treating drug possession as a health issue has resulted in better public safety outcomes which can result in safer communities. george, why don't we start with you. you've dedicated post of your adult life to fighting crime and trying to make communi
california's court system and result in millions of dollars in annual savings for both state and local governments. senator mark leno who couldn't join us today as been quoted as saying, quote, there's been no evidence to suggest long prison sentences deter or limit people from abusing drugs. in fact, time behind bars and felony records often have horrible, unintended consequences for people trying to overcome addiction because they are unlikely to receive drug treatment in prison and have few...
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Sep 28, 2012
09/12
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KTVU
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government. > > that wasn't a trade, that was an investment. because it went against you, you didn't have an exit plan. but, looking at the charts, i think aig is at its highest essentially for the year, whereas gm is finding a good, solid support base at $20. and i believe in america. i don't know about you. > > i believe in america as well, but america has no business using the stock market as a central bank policy tool. it sounds like you do. > > it makes money. > > bonus round, on that note: old money. the government has to reprint $500 million worth of currency each year because money has a short life span. on average, how long do you think a one-dollar bill will last? > > three to six months in my opinion. > > probably a little bit less than that, at least in my wallet it stays in a little bit less. > > because it gets folded up and stuffed way back inside your wallet. > > the answer is 18 months. thanks for being on the show. > > you're welcome. > > thank you. don't go anywhere. up next, a stock that looks like it's building a stairway t
government. > > that wasn't a trade, that was an investment. because it went against you, you didn't have an exit plan. but, looking at the charts, i think aig is at its highest essentially for the year, whereas gm is finding a good, solid support base at $20. and i believe in america. i don't know about you. > > i believe in america as well, but america has no business using the stock market as a central bank policy tool. it sounds like you do. > > it makes money. > >...
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Oct 1, 2012
10/12
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KTVU
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spend more money, you can give money back from the government and have the small businesses spend it in tax relief. either side will work. the problem is being sort of half-pregnant and trying to do both. > > michael alter from surepayroll. thanks so much. > > thanks for having me. still ahead, some shiny opportunities for gold and silver are catching one trader's eye. he'll tell us how to play them, next. traders are mining for trading opportunities in silver and gold. bill baruch of iitrader.com just happens to be one of those traders. good morning to you bill. > > good morning. > > what do you see in the gold or silver market that looks attractive to you right now? > > what i do like is the silver/gold ratio at the moment: dividing the price of silver into gold. it's achieved two separate levels in the past three years. heading into 2009, when gold was hovering right below $1,000, the market had a ratio just above 80. and then when silver made the run to $50 last year, last spring, the ratio was just above 30. so when we consolidated earlier this year, the market then had a halfwa
spend more money, you can give money back from the government and have the small businesses spend it in tax relief. either side will work. the problem is being sort of half-pregnant and trying to do both. > > michael alter from surepayroll. thanks so much. > > thanks for having me. still ahead, some shiny opportunities for gold and silver are catching one trader's eye. he'll tell us how to play them, next. traders are mining for trading opportunities in silver and gold. bill baruch...
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Sep 28, 2012
09/12
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CNBC
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the government was less worried. of course, with the announcement of the like ly fate and a date for the party congress, a risk premium is taken off, or at least reduced from the market. >> dr. wong, so many people have such widest mates on china. you hear some people say real gdp growth is 4%. some say 8%. you guys are right under 8% for next year. what could happen in china that would derail things? i agree with you it's a soft landing. that it's landed and turning around. what's on the ground that could actually turn that thesis upside down? >> i think right now, of course, corporate earnings have dropped a lot. i think at the moment what is really positive is property sales have rebounded. so what could derail that, for whatever reason, the government decided to tighten the property sector further or people lose confidence on this sector, that property sales and construction nose dive from where we are now. then it would be very hard to have a soft landing in china. >> guys, more questions for the doctor? >> i wo
the government was less worried. of course, with the announcement of the like ly fate and a date for the party congress, a risk premium is taken off, or at least reduced from the market. >> dr. wong, so many people have such widest mates on china. you hear some people say real gdp growth is 4%. some say 8%. you guys are right under 8% for next year. what could happen in china that would derail things? i agree with you it's a soft landing. that it's landed and turning around. what's on the...
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Sep 27, 2012
09/12
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FBC
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therefore the government must find ways to compensate for this and support jobs. liz: my co-anchor, david asman was "the wall street journal" south american bureau chief for many years. he would love to ask you a question. david: thank you very much, liz. president uribe, for those who don't know you were a very tough president. i was in colombia when pablo escobar was running around medellin. when marksest guerrillas controlled a third of country. people were throwing up their hands, said it was impossible to correct the situation. you came in. were very tough. took on the drug dealers and took on the marxist guerrillas and business came back to colombia. people said it couldn't be done. you did it. mexico is having trouble attracting business because they virtually have the same problem you did with the drug dealers. they don't have the marxist gur rile la war that you did but a lost businesses are afraid going to mexico because of that. can they use your methods for cleaning up their problems? >> 40 years ago our guerrillas were marxist oriented but they are lo
therefore the government must find ways to compensate for this and support jobs. liz: my co-anchor, david asman was "the wall street journal" south american bureau chief for many years. he would love to ask you a question. david: thank you very much, liz. president uribe, for those who don't know you were a very tough president. i was in colombia when pablo escobar was running around medellin. when marksest guerrillas controlled a third of country. people were throwing up their hands,...
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Oct 3, 2012
10/12
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KNTV
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it's a nonprofit group devoted to transparency in government. he explains that the state's two largest pensions have enjoyed relative success in the long run hitting their investment marks over 20 years but not recently. >> it's a matter of perspective. they would argue that historically their assumptions are well grounded. the question is, of course, going forward can we rely on history to predict the future. >> recent history has been staggered at best. here's a look at calpers performance, down 27. in 2008. up 12.1% in 2009. up 12.6% in 2010. then up 1.1% in 2011. here's where the math part of this comes in handy. trust me. i'm no mathematician. if your rate of return goes down, unfunded liability gets larger. for example, if you have the rate of return on these pension funds at 7.5% right now it's estimated unfunded liability is $162 billion approximately. now let's say you go for more conservative estimate. it would then grow to $500 billion. >> if your actual returns are less than expected rate, it dramatically increases your liability. >>
it's a nonprofit group devoted to transparency in government. he explains that the state's two largest pensions have enjoyed relative success in the long run hitting their investment marks over 20 years but not recently. >> it's a matter of perspective. they would argue that historically their assumptions are well grounded. the question is, of course, going forward can we rely on history to predict the future. >> recent history has been staggered at best. here's a look at calpers...
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Sep 28, 2012
09/12
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FOXNEWSW
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it is a lead in some of those take a look at government spending. that's where mitt romney has a very big league 58-38 percent. back to you guys. >> interesting numbers. we could keep that up there for a while. >> look whose talking is what bill clinton is talking about. talking point memo bill o'reilly discusses why like ability is so important and debates are going to be crucial for both candidates. >> there are two kinds of voters in america those who know what the issues are those who don't. for the uninformed casual voert emotion drives the decision and part of that equation is like ability. many historians belief ronald reagan defeated jimmy carter because he came across as likeable while carter was distant. same thing with clinton and the younger clinton had like ability. the younger remain personally popular until the resignificance kicked in. right now in a popularity poll president obama is ahead of mitt rom flee by 3 points according to a new fox news survey. after the debates that could change dramatically. romney and obama realize they
it is a lead in some of those take a look at government spending. that's where mitt romney has a very big league 58-38 percent. back to you guys. >> interesting numbers. we could keep that up there for a while. >> look whose talking is what bill clinton is talking about. talking point memo bill o'reilly discusses why like ability is so important and debates are going to be crucial for both candidates. >> there are two kinds of voters in america those who know what the issues...
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Sep 28, 2012
09/12
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FBC
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the country's wealthiest have to hand over 75% of their earnings to the french government. can you believe it? could this happen in the u.s.? plus the economy is a mess. why are more people suddenly feeling more confident and less conservative about their finances? are you? we're going to explain that coming up. the mayor of phoenix, arizona, goes on food stamps for a week to make a point. is the real point that the program loses 3/4 of a io
the country's wealthiest have to hand over 75% of their earnings to the french government. can you believe it? could this happen in the u.s.? plus the economy is a mess. why are more people suddenly feeling more confident and less conservative about their finances? are you? we're going to explain that coming up. the mayor of phoenix, arizona, goes on food stamps for a week to make a point. is the real point that the program loses 3/4 of a io
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the government claims that the economy is growing at 1.3%. but they also claim that inflation is annualizing out at 1.6%. if inflation is actually 3% right now and not 1.6%, the economy is already contracting. and you're talking about the dow jones this morning being up. in terms of gold today. it's actually down. in fact, the do u-is now worth less than 7.8 ounces of gold. down more and 80% since the bear market began 12 years ago, so, it's not that the stock market's going up, it's not. the value of our money is going down. >> that's interesting, peter. let me show you the original question. you say we are in a recession already, then in 2013, does it get much worse? i'm looking for time frame on the real spiral down here. >> well, it's going to get worse, it's going to get a lot worse, when interest rates finally respond to all of this inflation by rising and then we go over the real fiscal-- >> hold on a second. >> the party's over e i hate to interrupt you peter, i'm sorry, look, you say the party is over when interest rates start to ris
the government claims that the economy is growing at 1.3%. but they also claim that inflation is annualizing out at 1.6%. if inflation is actually 3% right now and not 1.6%, the economy is already contracting. and you're talking about the dow jones this morning being up. in terms of gold today. it's actually down. in fact, the do u-is now worth less than 7.8 ounces of gold. down more and 80% since the bear market began 12 years ago, so, it's not that the stock market's going up, it's not. the...
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Sep 28, 2012
09/12
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FBC
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let the federal government learn their lesson. how come? >> well there's a great sense among some state leaders that because many of the funding programs that are the primary source of revenue from the federal government that flow to the states are exempted from the sequester requirements. however sequester alone, those automatic cuts that go into place on january 2nd, aren't the only elements of this fiscal cliff. the fact that congress hasn't reauthorized temporary aid to needy families the welfare program, it expires on september 30th. the lame-duck congress will have to make a decision when the new fiscal year for the federal government starts october 1st, that funding stream. alternative minimum tax that expired last year. bush tax cuts that expire on january 2nd. do we increase withholding or not? how do we administratively administrate policies that make sense? what states want in regard to relationship with the federal government is exactly what businesses want with the states. they want predictability, sustainability and stability
let the federal government learn their lesson. how come? >> well there's a great sense among some state leaders that because many of the funding programs that are the primary source of revenue from the federal government that flow to the states are exempted from the sequester requirements. however sequester alone, those automatic cuts that go into place on january 2nd, aren't the only elements of this fiscal cliff. the fact that congress hasn't reauthorized temporary aid to needy families...
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Sep 26, 2012
09/12
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KRON
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the law further instructs the d&b to adopt regulations that go m v to draft laws that govern. they're looking for the first testing of technology to happen by january 1st of 2015. they have to make it cheaper than hiring a driver. either way if you compare your makeup on on the way to work item for it. governor brown pulled up to the press conference in that car. >> let's take a look outside taking a look--let's give a look at what we face today when the sun comes out hi erica >> good morning doria. later when the sun comes up expect similar conditions to what we saw yesterday. pleasant and comfortable not too hot. as we take a look at current conditions 50s across the board. we are seeing 50 degrees out the door in downtown san francisco. before working up and said monday in oakland it looks like images are a little bit warmer compared to where there were 24 hours ago. and your satellite's radar picture shows cloud cover blanketing the majority of the bay area. you conceive visibility impacted in concord 7 mi. visibility over in livermore and for those of you driving along th
the law further instructs the d&b to adopt regulations that go m v to draft laws that govern. they're looking for the first testing of technology to happen by january 1st of 2015. they have to make it cheaper than hiring a driver. either way if you compare your makeup on on the way to work item for it. governor brown pulled up to the press conference in that car. >> let's take a look outside taking a look--let's give a look at what we face today when the sun comes out hi erica...
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Sep 28, 2012
09/12
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CNBC
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government per diems aren't helping. business travel needs to lift hotel occupancy through the election and actually in response to it. that will also be critical for next year's corporate rates for the likes of marriott and intercontinental about to thrash out for the hotels that they service. incidentally those two stocks are up 30% and 40% so analysts say be careful. the reits that hold the hotels will likely trade more properties. we'll follow on offerings for investors. and the hope trade is under way so accelerating yields or could be share holder pain. casual dining this year's drought is about to become next year's commodity head wind. in the burger wars value appetizing will increasingly be pitched against expensive remodeling possibly hurting everybody they say in the industry. that's a q 4 t and l check. i'm simon hobbs. >> amazon is planning an online market place for wine sales, the second attempt at selling wine to consumers after problems with a partner prompted it to end the first attempt three years ago.
government per diems aren't helping. business travel needs to lift hotel occupancy through the election and actually in response to it. that will also be critical for next year's corporate rates for the likes of marriott and intercontinental about to thrash out for the hotels that they service. incidentally those two stocks are up 30% and 40% so analysts say be careful. the reits that hold the hotels will likely trade more properties. we'll follow on offerings for investors. and the hope trade...
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Sep 26, 2012
09/12
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CNBC
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the answer is not increased government involvement. it is policies that will create greater job creation and greater manufacturing in the united states and those are the policies we believe that governor romney and ryan are advancing during this campaign and policies they will put in place when they're in the white house. >> there is a poll, 87% of likely voters say the economy will be an important factor in their decision when they vote. obviously not a surprise. when you have confidence up like it was yesterday, you get home prices that are improving. we got decent numbers today. the market today aside has obviously been strong for the quarter. you have gas prices coming down. are there policies, will we be hearing about positions that argue they could have done even better than all of those things doing right now? >> well, look, this recovery is the weakest recovery we have seen in modern history. you still have 23 million americans struggling for work. you have 47 million americans on food stamps. the reality is that the obama camp
the answer is not increased government involvement. it is policies that will create greater job creation and greater manufacturing in the united states and those are the policies we believe that governor romney and ryan are advancing during this campaign and policies they will put in place when they're in the white house. >> there is a poll, 87% of likely voters say the economy will be an important factor in their decision when they vote. obviously not a surprise. when you have confidence...
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Oct 2, 2012
10/12
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MSNBC
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the federal government are so intent on suing you? >> i'll tell you, that is one very significant issue that we wish would have been corrected with dodd/frank and some of these other things, the notion that there are now 50 states in the mix, so you have a situation, for example, the big banks are regulated by the federal government, but the non-bank mortgage companies are actually regulated by 50 states and the federal government with a patchwork of regulations and a lot of uncertainty. by the way, all that government uncertainty right now, while rates are very low, they actually could be lower. >> lower? >> they could be lower. rates are .25% higher over treasuries than they've ever been really because of fear and uncertainty because of future regulations that are still yet to come out. that's $50 a month for an average home buyer. >> and something else we don't talk a lot about but also very significant, even with the incredibly low mortgage rates, try and get one. you have got to go through the banks arextraordinarily stringent no
the federal government are so intent on suing you? >> i'll tell you, that is one very significant issue that we wish would have been corrected with dodd/frank and some of these other things, the notion that there are now 50 states in the mix, so you have a situation, for example, the big banks are regulated by the federal government, but the non-bank mortgage companies are actually regulated by 50 states and the federal government with a patchwork of regulations and a lot of uncertainty....
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Sep 27, 2012
09/12
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MSNBC
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you know, the sgest argument i've seen mitt romney m i , yo know, the government -- the government's regulatory apparatus has bogged down. you know, i would have him go at stupid regulation tricks. you know, there are all tse silly regs that have been paed, u kn,n tls thoused to vote for or vote against, joe. and i think that he has to run against the federal government at this point rather than against the economy. >> willie? >> john? sorry. thout joe was gngoay th i ree with that. i mean, he does have to focus on how massive the federal government's gotten, but he also has to explain how that is going to turn things around for t american people. t ard of an argument to make when you say there's $3 trillion sitting on the sidelines. investors are afraid to put that backn the u.s. economy. corporations are more flush with cash than ever before, but they don't know what new regulation orha nwagton's going to pass. now, you could disagree with that if you wanted to, but that's an argument that americans could believe if mitt romney could only give it. >> look, i think that what romney
you know, the sgest argument i've seen mitt romney m i , yo know, the government -- the government's regulatory apparatus has bogged down. you know, i would have him go at stupid regulation tricks. you know, there are all tse silly regs that have been paed, u kn,n tls thoused to vote for or vote against, joe. and i think that he has to run against the federal government at this point rather than against the economy. >> willie? >> john? sorry. thout joe was gngoay th i ree with that....
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Oct 1, 2012
10/12
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MSNBC
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. >> i tell what you, there are a lot of small-government conservatives that don't think we should be spending over $2 billion a week in afghanistan, who don't think the president should have tripled down the number of troops when he had a chance to pull back and bring those troops home. a lot of conservatives believe that. i think this is a missed opportunity. >> well, and foreign policy clearly is going to be an area where mitt romney will want to make a turn in terms of the narrative of the campaign. one other issue that is now coming into the forefront is the benghazi attack and news over the weekend that the four americans including the u.s. ambassador there who were killed according to politico, romney advisers are now split over how broadly they should hit the president over his handling of that attack. and why it took so long to acknowledge that it was an act of terrorism. while some romney advisers argue they should keep their focus on the economy, politico says plans are in the works for mitt romney to deliver a major foreign policy speech shortly after wednesday's debate. w
. >> i tell what you, there are a lot of small-government conservatives that don't think we should be spending over $2 billion a week in afghanistan, who don't think the president should have tripled down the number of troops when he had a chance to pull back and bring those troops home. a lot of conservatives believe that. i think this is a missed opportunity. >> well, and foreign policy clearly is going to be an area where mitt romney will want to make a turn in terms of the...
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Sep 28, 2012
09/12
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MSNBCW
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is he going to govern like bill clinton or keep governing like barack obama? if he governs like barack obama 2014 would be for the democrats probably the worst election in modern times. >> say he does win. are you on the night of the second inauguration meeting with other republicans in the caucus room to figure out how to defeat him? >> of course. no. bus we'll win in 2016. look, i always believed and i said to calista who is looking forward to launching her new book tuesday and being with you. i said as we left the inaugural at the capitol if he governs, he made three great speeches in a row, manassas just before the election, grant park election night and inaugural. if he governs like these three speeches he will beat eisenhower and split the republican party. >> eric canter, bob woodward reported it in the same book after meeting with barack obama the first time and barack obama saying we're going to figure out how to work even eric canter turned to his staff and said if this guy governs this way republicans aren't going to be back in the majority for a ve
is he going to govern like bill clinton or keep governing like barack obama? if he governs like barack obama 2014 would be for the democrats probably the worst election in modern times. >> say he does win. are you on the night of the second inauguration meeting with other republicans in the caucus room to figure out how to defeat him? >> of course. no. bus we'll win in 2016. look, i always believed and i said to calista who is looking forward to launching her new book tuesday and...
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Sep 27, 2012
09/12
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MSNBCW
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they tried to construct basically a coalition government, a partnership government in which power would be shared because there's a lot of concern that maliki is acting in a authoritarian way. they did try to negotiate an agreement to keep small force in iraq of 3,000 to 5,000. they did plan to have a substantial number of american police trainers. civilian presence to keep american influence in that part of the world. none of those things that they tried to do really happened to the ex-accident that the administration hoped. it's a complicated picture. >> this is another case where some of the criticism of the president's foreign policy is that he does not develop relationships with these foreign leaders and it's clear in this case that he did not. also residual suspicion of general petraeus. i was there when general petraeus was still running iraq and barack obama was a candidate when he first went to iraq. and that relationship did not get off to a good footing. >> you know, the administration gave vice president biden the lead for iraq policy. when it came to the big decisions, pres
they tried to construct basically a coalition government, a partnership government in which power would be shared because there's a lot of concern that maliki is acting in a authoritarian way. they did try to negotiate an agreement to keep small force in iraq of 3,000 to 5,000. they did plan to have a substantial number of american police trainers. civilian presence to keep american influence in that part of the world. none of those things that they tried to do really happened to the...
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Oct 3, 2012
10/12
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MSNBC
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there was a strange government that collapsed in a pool of blood. and now we see the aftermath. and the aftermath always is protracted. we have the same problem on a much different and a bigger scale in egypt. we are developing such a problem, we're being confronted by such a problem increasingly in syria. tell me who is the opposition in syria? we are all concerned about the problem, the loss of life, the killings. we know who assad is. the united states says he should go. who's the opposition? you tell me. >> which is the same question we were asking in libya before gadhafi fell. >> so we're dealing here with a messy region which is increasingly slipping into increased instability, a region in which american domination is rapidly, rapidly coming to an end. we have to face that fact. and a region which on top of it is faced with a potential war. we have a prime minister of a country that has 200 nuclear weapons decides to attack preemptively iran, which may be building nuclear weapons. and then we become engaged, and then, of course, the world economy goes pot. and then forget
there was a strange government that collapsed in a pool of blood. and now we see the aftermath. and the aftermath always is protracted. we have the same problem on a much different and a bigger scale in egypt. we are developing such a problem, we're being confronted by such a problem increasingly in syria. tell me who is the opposition in syria? we are all concerned about the problem, the loss of life, the killings. we know who assad is. the united states says he should go. who's the...
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Sep 26, 2012
09/12
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MSNBC
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what he did the last four years, if you believe like i believe in smaller government and balanced budgets, he -- his record is absolutely horrific. so go out and say his econoc meage hfi i believe it. and he's just not doing it. "business before thebell"s the time of day we all come together as a communal family. it's where -- who is the gu >>arshall mcc. e, wngo in a global village. he was actually foreseeing the 45 seconds we give brian sullivan all the news across the financial world on "morning joe." let's tournen theight switch and bring the global world atoi across this wonderful world of ours, brian. >> i've really got to take up yoga given these toss. if we're a global village. >> i told you we are. >> iknow, but is nrit. show. >> they're rioting in europe. that's not a village. >> but it's a village all the same. indivi v villages riot. >> iuess you're rit. sometimeyou me ther er as wine, sometimes over a molotov cocktail again. >> again, it embarrasses me to always be right, but these are pictures of rioting in spain. now let'see what's happening in greece. and now let's see wha
what he did the last four years, if you believe like i believe in smaller government and balanced budgets, he -- his record is absolutely horrific. so go out and say his econoc meage hfi i believe it. and he's just not doing it. "business before thebell"s the time of day we all come together as a communal family. it's where -- who is the gu >>arshall mcc. e, wngo in a global village. he was actually foreseeing the 45 seconds we give brian sullivan all the news across the...